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May & Baker Generates N19.7bn Group Revenue In 2023

May & Baker Generates N19.7bn Group Revenue In 2023 ....

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May & Baker shareholders approve N517.57m total dividend for 2023

Shareholders of May & Baker Nigeria Plc (M&B) have approved a total dividend payout of N517.57 million for the financial year ended 2023. This translates to a dividend of 30k for every 50k share held in the company, representing a total of dividend of N571.57 million, subject to applicable tax. The shareholders gave their consent ....

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Drugmakers in Nigeria predict a 58% increase in revenue as prices surge

Drugmakers in Nigeria predict a 58% increase in revenue as prices surge
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Manufacturers cry out as unsold goods accumulates in storage facilities – Opinion Nigeria

The Central Bank of Nigeria (CBN) report revealed that capacity utilisation in the food and beverages sector fell to 49% from 61% in the corresponding period in 2022, indicating a 20 percentage point decline. As a result, they suggested that the output levels have been declining steadily since mid-last year. ....

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Weekly economic index: Nigeria enacts cybersecurity levy, Naira becomes worst performing currency, and Egypt's debt increases by $3.5 billion in three months

Weekly economic index: Nigeria enacts cybersecurity levy, Naira becomes worst performing currency, and Egypt's debt increases by $3.5 billion in three months
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